Model for Climate Investment

Descriptions

Glasgow City Council (the Council) has an ambition for Glasgow to become a net zero carbon city by 2030, addressing climate change, fuel poverty, and public health. The Council is developing its Model for Climate Investment (MfCI) to drive forward the Council’s net zero carbon ambition.

The MfCI is intended to involve the establishment of a Delivery Vehicle (DV) and Climate Investment Vehicle (CIV) to unlock necessary investments and deliver key net zero projects.

The proposed DV will focus on decarbonizing heat and retrofitting and connecting public sector buildings by delivering the Council’s Local Heat and Energy Efficiency Strategy (LHEES). The CIV is intended to be complementary to the DV and will seek to mobilise private sector investment to address funding gaps and facilitate the delivery of wider net carbon zero projects.

This potential procurement opportunity relates to the DV with a focus on the decarbonisation of heat and the delivery of the Council’s LHEES.